Global Rhenium Market 2018-2022 to Grow at a CAGR of 7.09% - ResearchAndMarkets.com

DUBLIN--()--The "Global Rhenium Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global rhenium market to grow at a CAGR of 7.09% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is the rising demand in aerospace engines. Rhenium is extensively used in the aircraft engines such as Boeing 787 Dreamliner and Airbus A380. It is highly in demand in the aviation industry as it is used to boost the efficiency of the jet engines. The aviation industry is currently the largest consumer of rhenium. The very high melting point, hardness, and scratch resistance properties are fostering the demand for rhenium in the aviation industry. Rhenium is also used in jet-engine turbines and for shielding spaceships. This is because of its ability to withstand very high temperature and high chemical resistance. The US is the major producer of rhenium followed by Poland and China.

The latest trend gaining momentum in the market is growing use of rhenium-188 in healthcare industry.

Further, the report states that one of the major factors hindering the growth of this market is fluctuations in the price of rhenium. In 2016, the price of rhenium was $1,400 per metric ton which increased to $4,500 per metric ton by the end of 2017. The prices of rhenium are currently fluctuating because of the demand-supply gap.

Key Vendors

  • H Cross Company
  • KGHM
  • Molymet
  • Rhenium Alloys
  • Ultramet

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation by Application

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers and Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/q2dfw8/global_rhenium?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: Precious Metals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Precious Metals